£142,501
This estimated value is based upon the latest sale price for the house of £44,500 on 1 Nov 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £44,500 | 1 Nov 2001 |
| £36,500 | 22 Mar 1999 |
| £18,000 | 30 Jun 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in November 2001 the House Price Index for WEST MIDLANDS was 46.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 220.228%.Applying this 220.228% change to the original purchase price of £44,500 results in an estimated price of approximately £142,501.
| 1 Nov 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 148.6 | 220.228 % | £44,500 | £98,001 | £142,501 |
The Postcode Pricing Model uses changes in average sales price within the CV6 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 181.614 % | £80,818 | £125,318 |
| 3 Month Average | 222.026 % | £98,801 | £143,301 |
| 6 Month Average | 232.174 % | £103,317 | £147,817 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Feb 2023 | £304,795 | £305,000 | 16 KIRTON CLOSE |
| 5 Jan 2023 | £298,593 | £300,000 | ELITE BATHROOMS HIGH STREET |
| 1 Jun 2022 | £248,512 | £245,000 | 10 CHURCH PARK CLOSE |
| 18 Feb 2022 | £172,196 | £164,200 | 6 BENNETTS ROAD SOUTH |
| 12 Nov 2021 | £304,446 | £281,500 | 6 HIGH STREET |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 10 Jul 2015. Using an estimated price of £142,502 means this house is valued at £2,968 per sq meter (£275 per sq foot).
The average size of a house on NEW ROAD is 101 sq meters (1,087 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near New Road |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near New Road |
| Dec 2023 | Anti-social behaviour | On or near New Road | |
| Dec 2023 | Anti-social behaviour | On or near New Road | |
| Dec 2023 | Anti-social behaviour | On or near New Road |